BLLD surged on high volume yesterday. The move pushed the share price through significant resistance levels and the chart is now hitting our watchlist to see if momentum is going to grab a hold and take the share price higher. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:
Located in Westminster, Mass, TechPrecision is a leading manufacturer of large-scale, high-precision machine metal fabrications with customers in an array of commercial industries. Today, TechPrecision took a major step towards prominence with the announcement of three notable orders. The orders come from the defense, medical and commercial sectors and have a combined value of $1.25 million. The orders include a $550,000 combined purchase order from a multi-billion dollar performance materials company, a $450,000 order from a defense-related customer and a $250,000 purchase order from a medical technology customer. Leading the way at TechPrecision is James Molinaro who serves as the…
Energtek Inc., developer and applier of innovative low-pressure mobile transportation solutions for industrial consumers and fleets of small vehicles, announced this morning that it has signed an agreement with an industrial customer in the area of Mostar, Bosnia and Herzegovina for the provision of natural gas. The agreement provides for the selling of natural gas to a local manufacturer using mobile transportation solutions based on Energtek's technology and expertise. It is anticipated that this new relationship will render annual revenues of about $1.3M, increasing in the forthcoming years, and shall be in place for several years. The conversion of customer's…
VIASPACE Inc. and its subsidiary VIASPACE Green Energy Inc. (OTCBB: VGREF) announced today that a new audio interview with CEO Dr. Carl Kukkonen is available at www.ChartPoppers.com/iReports. In the press release, Dr. Kukkonen added to his recorded remarks, "The interview was conducted last week before the earthquake and tsunami in Japan. VIASPACE has many good friends in Japan, and I want to express my sorrow for the tragedy." "The ensuing nuclear emergency is also a setback for low carbon energy in the world," he continued. "Although controversial, nuclear electricity plants present a potential large-scale low carbon replacement for coal-fired power…
Animal Health International Inc. and privately held Lextron Inc. yesterday announced that they have entered into a definitive merger agreement under which Lextron will acquire all of the outstanding common shares of AHII. The emerging company will operate under the umbrella of the Animal Health International Inc., with combined resources that launch the entity to a leading spot in North America’s leading animal health businesses. Lextron will pay $4.25 per AHII share, or approximately $111 million, an approximate 11% premium to the closing price of AHII shares on March 11, 2011. In addition, Lextron will take over the repayment of…
Ecologic Transportation is rapidly developing an environmentally forward platform of transportation products and services via wholly owned subsidiaries like Ecologic Products, which is destined to act as a major conduit for innovative sustainable transportation technologies such as the initial product offering, a proprietary waterless and totally biodegradable car cleaning system called Ecologic Shine. All Ecologic Shine products are EPA compliant and meet Volatile Organic Compound restriction regulations for California, meaning that the zero environmental impact of the products can be trusted by consumers. This is a powerful sales pitch for Ecologic to be able to make to the $23B car…
PVCT looks to be forming an inverted head and shoulders pattern. While the indicators are mixed (and perhaps even slightly bearish), the 50 day moving average is offering support at current levels and there is more support in the area of 87 cents. Technical traders will be on alert for the support to hold and continued development of the pattern as the upside is substantial should it continue over the next few months. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:
In the investment community, traders are always talking about “liquidity” and “share structure” and how the two correlate with a stock being tradable. Some investors do not touch stocks that have very low volume due to the illiquidity, making it more difficult to get in or out of the stock as quickly as desired without substantially effecting the price per share. Other investors will take the volume and share structure with a grain of salt as it is indeed an “investment” that they intend to hold for years and years, so entry and/or exit strategies are not a primary concern.…
Biodel Inc., a specialty biopharmaceutical company focused on developing treatments for diabetes, today announced it has chosen two new formulations of recombinant human insulin for clinical testing and that it is accelerating clinical development plans for the drug candidates. The new formulations, BIOD-105 and BIOD-107, are designed to generate a faster insulin action compared to currently marketed insulin analogs while at the same time maintaining an injection site tolerability profile comparable to currently marketed insulins. Biodel plans to commence a phase 1 clinical trial of approximately 18 patients with Type 1 diabetes, expected to be completed in the third calendar…
Hyperdynamic issued an updated assessment of the oil and gas resource potential of its deepwater properties located offshore Africa. Hyperdynamics received an offshore oil and gas concession from the Republic of Guinea, and has a 77% interest in a 9,650 square mile area. The company is currently conducting a 3D seismic program on the property. The results will be used to help plan an exploration and development program at the site. Hyperdynamics said the assessment indicated that the best estimate of potentially recoverable unrisked prospective oil resources on the concession was 3.7 billion barrels. After applying risk factors, the assessment…
